As part of a takeover of Belgian “Bristol” stores, Tedi takes over ten stores of the fashion and shoe retailer. TEDi opened its first store in Belgium in June 2023. This expansion step followed the market entries in Bulgaria and France in 2023.
With the takeover, TEDi is expanding its presence in Belgium to 16 locations. The new stores are to open as quickly as possible with their own product range and before Christmas 2024, reported Tedi in a press release. In the long term, TEDi is aiming for a store portfolio of 300 locations in Belgium.